WHICH CRYPTOCURRENCY SHOULD YOU INVEST IN?
To choose a cryptocurrency, consider a few key factors:
1. Goal: If you’re investing, choose stable coins like Bitcoin or Ethereum. For specific applications, look for technology projects (e.g. Ethereum, Solana).
2. Market cap: High cap = lower volatility, but less potential for growth.
3. Technology: Evaluate the project’s security, scalability, and support.
4. Liquidity: Check if the coin is listed on major exchanges for ease of buying/selling.
5. Risks: The cryptocurrency market is volatile, so being prepared for price fluctuations is important.
Diversify assets to reduce risk and regularly monitor market news.
